The Dow Jones Industrial Average
|Dow Jones Industrial Average||+65.16 [+0.50%]||13,029.26|
The market has fallen the past two days over poor tech earnings, worse-than-expected home sales, and unemployment numbers, as well as on growing concerns over Europe, specifically Spain. These factors combined to send the market down a little more than 1% over the past two trading days.
Sentiment shifted last night, when Microsoft
Sentiment was further pushed forward by today's earnings reports from General Electric
As you may have expected, today's top Dow stock was Microsoft, up 4.55% to $32.42. Fool analyst Anders Bylund took a deeper look at the company's earnings. He believes that this news, along with IBM's strong sales, shows that the enterprise-software market is healthy and that it serves as a good sign for the earnings of other high-quality software companies.
Bank of America
Foolish bottom line
Microsoft's earnings helped move the Dow today, but there are plenty of other companies out there that investors need to watch during this earnings season. Get a free report from The Motley Fool on "5 Stocks Investors Need to Watch This Earning Season," where you'll find information on this quarter's possible big performers. It's completely free for our readers, so access your free report today.
Dan Dzombak owns shares of Bank of America, but he holds no other position in any company mentioned. Like his Facebook page to follow his investing articles. The Motley Fool owns shares of Microsoft, IBM, and Bank of America. Motley Fool newsletter services have recommended buying shares of Microsoft and creating a bull call spread position in Microsoft. The Motley Fool has a disclosure policy.